National Republican., 1887-09-13
DULL AND DROOPING.
The Stock Market Has But Little Live.
liuega in IT.

New YORK, Sept. 12-The new week
upon the stock exchange opened with q
dull and dropping market in which the
bulk Of the dealings were for professional
account, London and Chicago were sellers
to a limited extent, but the bulk OF the
selling was done by the traders and profess
sionsl bears. The influences at work to-
day were all OF an unfavorable character,
the effect OF the Disappointing bank state
ment being fully felt at the opening. Tho
advance In the money rate In London aud
the rates for exchange here with the coal
miners strike were successfully used
against values.
A rumor Of action by the Secretary of
the Treasury was the occasion of slight
rally late in the day, but upon it's denial q
further attack was made upoa values,
which brought prices TO the lowest point Of
the day. The fact that the coalers did not
decline more than they did despite the
strike in the coal regions was regarded as
an element OF strength, while Western
Union was positively strong at times, under
the impression that prevailed that the
earnings for tho current quarter will be
more than usually heavy. After noon de-
cided weakness was developed, and ma
tefial concessions made throughout the list,
p. m.
Money on call has been active, ranging
from 2 to Z, last loan at 3, and closing
offered at o. Sterling exchange is firm
and active. Actual business at 4S0 to
4s0l for GO.day bills, and 4S4l to 4Si2 for
demand. Government bonds have been
dull and steady. State bonds have been
neglected.
Treasury balances-Coln, S13i, s5sO55;
currency, Sl3,547067.
The following were tha closing bid quota
tons
as, 1856 ~ coup, lOS; Pae. es Of 'e5, l22j
pist, Coz; 8s5s, cii5; Sa. "a. ,6 "a gold +l95lsi
6s, l22 do Is, +g7IS: Tenn. settlement IS, slOl;
do. 6s, .l0212 Va, 6s, As; do. consols, X N.
g, 45; Tenn: settlement ,3s,, 60; Cen. pac.
and Ts S Df1S Northern Il pSc &C. Is sss II l d.
seconds, 1857; Northwestern cons, 1885, do.
debenture, l0sl 81. J.. and San Fran, ll3l4; St.
Paul con-; l2IlS; s.. I Chicago, and Pac hctts,
C,s671S; Northern Pac. firsts siiiI$; West Snore
9S55; Adams Express, l4O; Alton and T. 4.
sG9; DO; pid;, 20; Am. Express, lOISa Bos. Az
Southern, 65; Canton, s55 Cen. Pac., 351;
| Ches. and Ohio, O. Chicago and Alton. ii5;
do pid, 100; 2; B. and g, ls4; CIave,;
Hud.. .lCCh Del. and T., 1898: Dcny and h. q 4,
| 251S; Erie 297s do. pfi., G6; Fort Wayne, i52;
Harlem, 2l5; Houston and Texas 25;, III: Cen,
Lake Aaef shore aa !sf p,! vi Z2 L. and I Nash 'Oa
Met. l., 1i7; Mich: Cen, Sc; Mo- Pac.'
| 9!9G:, Mob, and o., l21S; Mar. and T., l3s
Western pfd., ii9E; Northern Pac., 263SS; do. pfd
| 5l7s; Northwestern, 1l319; do. pid., 1927; NJ
| y. Cen. los; Chicago and st. L., ICY; do
| pfd., 80l4; Ohio and Miss, 26l5 do. pfd., IS
oregon Nav, 90; Pae. Mall, 3s;. Pitts
burg, 1853; Reading, 601s; Richmond and
| Aleg, o; Richmond and Dan, 15O ROCK
lsld AZ d12R AL. 81 "a 4 and No. san n P Pran M do pdi
| lis; St p. and o., d5i5 do. pfd., los: Texas
Pac, 261S; Union Pac., 5i3s; ". g: X, 72 wab
Pac., .17SS; do, pfd., SO14; Wells Fargo, 100
Cotton OIL Trust, 29H; Quicksilver, 81; do
| pfd.. 25.